AnChain.AI, an AI-powered cybersecurity company, has hired former SEC crypto regulation expert Scott Walker as strategic advisor. Prior to his role as Chief Compliance Officer at a16z, he served as Senior Special Examiner and Counsel for Digital Assets & Blockchain Technology at the U.S. Securities and Exchange Commission.
- Founded in 2018, AnChain.AI’s AML engine today screens over $1 billion in daily crypto transactions. AnChain.AI was founded by cybersecurity and enterprise software veterans from FireEye and Mandiant.
- The cybersecurity firm is backed by both Silicon Valley and Wall Street VCs, and selected in the Berkeley Blockchain Xcelerator. More than 100 customers from over 10+ countries uses AnChain.AI solution across different verticals includfing, VASPs, financial institutions, and government regulators.
- A pioneering voice in digital asset regulation, Walker will advise on the firm’s innovative Web3 risk monitoring technology. AnChain.AI’s established leadership in smart contract intelligence and analytics is supporting the world’s leading financial regulators, and is poised to continue to enable the secure growth of the cryptocurrency, DeFi, and NFT ecosystem as it faces greater regulatory scrutiny.
- Dr. Victor Fang, CEO and Co-founder of AnChain.AI said that Scott’s longstanding commitment to both the continued evolution of blockchain & Web3 technology as well as greater consumer protection is paramount to the long-term growth of the crypto ecosystem.
- According to Victor, “Scott brings invaluable expertise and insight to AnChain.AI as we drive further technological innovation across all facets of digital asset risk monitoring.”
- “We believe that Web3 technology will continue to accelerate towards new frontiers, and Scott brings a proven track record of spearheading smart regulation in the face of this rapid evolution,” Victor added.
- A leading voice in both traditional and digital financial regulation, Walker brings a wealth of knowledge in balancing the rapid growth of the crypto market with deft regulatory policy.
- During his time at the SEC, his expertise was at the forefront of crypto regulation, including the surveillance of crypto markets, and the engagement of entities offering digital asset services. In addition to his work as a regulator, Walker served as Vice President & Counsel at BlackRock with a focus on hedge fund regulation, derivatives, and prime brokerage.
- “AnChain.AI has built an innovative blockchain code review and risk monitoring platform,” said Walker, “I look forward to supporting their focus on building tools that address crypto’s unique analytical attributes.”
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